I'd say you are wrong. The term domination is meant to mean when the future/current potential/momentum of the console is greater than for the other competing consoles.
It was "supposed" to start with LAIR - which was supposed to demonstrate that the PS3 is a far superior console to the Wii/360.
"PS3 domination" (IMO anyhow) is yet to arrive.
The only domination we have seen in the console space recently is "Wii domination", which is actually just a subset of "Nintendomination" (which kicked up a gear when the Wii was released, and I believe will kick into the next gear next year - primarily thanks to WiiFit).
Gesta Non Verba
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